Colombia and Bolivia were some of the Latin American countries with the lowest savings rate in 2021. Meanwhile, gross savings in Chile amounted to slightly roughly 18.7 percent of its gross domestic product (GDP), while in the case of Brazil, it amounted to 17.4 percent. The countries with the highest gross savings to GDP ratio were Jamaica, Panama, and the Dominican Republic.
Gross savings as share of gross domestic product (GDP) in Latin American countries in 2021
The gross savings were calculated as the the country's gross national income minus the overall consumption, adding the value of net transfers, which can either be negative or positive.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
World Bank. (May 30, 2023). Gross savings as share of gross domestic product (GDP) in Latin American countries in 2021 [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1390252/gross-savings-as-share-of-gdp-in-selected-latin-american-countries/
World Bank. "Gross savings as share of gross domestic product (GDP) in Latin American countries in 2021." Chart. May 30, 2023. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1390252/gross-savings-as-share-of-gdp-in-selected-latin-american-countries/
World Bank. (2023). Gross savings as share of gross domestic product (GDP) in Latin American countries in 2021. Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1390252/gross-savings-as-share-of-gdp-in-selected-latin-american-countries/
World Bank. "Gross Savings as Share of Gross Domestic Product (Gdp) in Latin American Countries in 2021." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/1390252/gross-savings-as-share-of-gdp-in-selected-latin-american-countries/
World Bank, Gross savings as share of gross domestic product (GDP) in Latin American countries in 2021 Statista, https://www.statista.com/statistics/1390252/gross-savings-as-share-of-gdp-in-selected-latin-american-countries/ (last visited November 25, 2024)
Gross savings as share of gross domestic product (GDP) in Latin American countries in 2021 [Graph], World Bank, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/1390252/gross-savings-as-share-of-gdp-in-selected-latin-american-countries/
